Archive | Management

Components of Classical Theory of Management

This article throws light upon the three main components of classical theory of organisation and management. The components are: 1. Scientific Management Theory 2. Bureaucratic Model 3. Administrative Theory. Component # 1. Scientific Management Theory: Scientific management is also called Taylorism. It emphasized detailed, precise planning of work to achieve efficiency, standardisation, specialisation, and simplification. It relied on formal top-down [...]

By |2016-07-30T09:44:05+05:30July 30, 2016|Classical Theory|Comments Off on Components of Classical Theory of Management
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14 Main Principles of Management by H. Fayol

This article throws light upon the fourteen main principles of management by H. Fayol. The principles are: 1. Division of Work 2. Authority and Responsibility 3. Discipline 4. Unity of Command 5. Unity of Direction 6. Emphasis on Subordination of Personal Interest to General 7. Remuneration 8. Centralisation 9. Scalar Chain 10. Order 11. Equity 12. Stability of Tenure 13. [...]

By |2016-07-30T09:44:05+05:30July 30, 2016|Principles|Comments Off on 14 Main Principles of Management by H. Fayol
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Departmentation: Meaning and Bases | Organisation Process

After reading this article you will learn about Departmentation:- 1. Meaning of Departmentation 2. Departmentation (Grouping into Sections, Departments and Higher Administrative Units) 3. Bases. Meaning of Departmentation: We have to divide the work to be performed. First we have to group tasks to form individual jobs. This is called arranging the manageable units for individuals. Then we have to [...]

By |2016-07-30T09:44:04+05:30July 30, 2016|Functions|Comments Off on Departmentation: Meaning and Bases | Organisation Process
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